Great potential in Longford
Moneyfad farm sets a high standard while the Barry property needs some work
The recent spell of fine weather made it a good time to get out and about and walk a few farms. Last week I took myself to my wife's country in Longford to walk two nice parcels of ground that are on the market and for sale by private treaty.
The first piece is located at Moneyfad near Ballymahon between Archies Bridge and the Longford Lanesboro Road. The 29ac parcel includes 24ac of grazing ground and 5ac of forestry with 10 years of premiums at €1,000 a year. The sale is guided at €250,000 or over €8,500/ac.
It was overcast but mild when I arrived at the property and pulled into a gateway with a fine sturdy gate. The first field is a lovely dry elevated piece of grazing ground with a fine sward for this time of year.
A content bunch of cattle were lying down peacefully chewing the cud and took no notice of me as I walked down through two further fields leading to the Grand Canal that bounds the property near the forestry.
Even on the lower section, the ground was dry and firm. The best of steel gates leading from one field to another could do with a decent pier and latch post.
According to Jackie White of Raymond White auctioneers, the parcel is part of a bigger residential farm that was sold a number of years ago and owned by very careful farmers.
Indeed this property has all the signs of good husbandry with good barbed-wire fencing obviously completed to REPs standards well back from the hedgerow on the boundary.
There are some lovely stands of trees on the holding that has excellent road frontage. Indeed the upper section of the property would be an ideal site for a house, given the necessary planning permission.
There is much local interest in the holding and this is not surprising given the quality of the ground and the general aspect of the property.
Ms White tells me that the interest includes farmers, site hunters and people with hobby farm and equestrian plans. Then it was off to Barry, just a few miles away and not far from my mother-in-law's home village of Keenagh. A 49ac residential farm with a lot of charm but needing some work was my next port of call. According to Ms White, the same vendor is selling this and the 29ac at Ballymahon.
The roadside property, located about 6km from Ballymahon and about 5km from Keenagh is on the private treaty market with the house and 45.6ac guided at €360,000 and a 3.4ac parcel across the road guided at €20,000.
The house is a lovely charming roadside farmhouse in need of complete refurbishment. Structurally sound, it needs a lot of internal work.
The accommodation includes two reception rooms, a kitchen, three bedrooms and a bathroom.
Out of doors, there are some good farmyard facilities that include a relatively new two column leant-to shed and a dry three column hay barn with a three column lean-to shed attached and laid out in a series of loose cattle pens.
The land has been let for a good number of years and while it is well grazed, it needs attention.
Set in 11 fields, the major portion of the land is at one side of the Keenagh to Barry road and has plenty of road frontage, while a parcel of 3.37ac opposite the house also has good road frontage. The upper end of this piece would make a lovely site with the appropriate planning permission.
Out on the land, the ground is firm under foot but there is plenty of work to be done in tidying the hedgerows between the fields where a shake of fertilizer wouldn't go astray.
However, this is a lovely farm with great potential as an addition to an existing enterprise or as a sizeable part-time holding with a residence that needs work but, like the land, has good potential.
Need to know
Properties: 29ac; and 49ac Residential
Location: Moneyfad; and Barry, between Keenagh and Ballymahon, Co Longford
Guide: €250,000; and €380,000
Agent: Raymond White auctioneers
Did you know: Moneyfad is attracting lots of interest with the potential for residential construction while the Barry farm, although in need of repair, could be a good investment.
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